The story of this market
The typical home in ZIP 19148 sells for about $296,800, or $215 per square foot.
Prices are up +7.1% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,594 a month.
ZIP 19148 — Philadelphia
The 19148 housing market shows steady appreciation and consistent demand, driven by its urban location and proximity to major employment hubs. While inventory remains tight, the market is supported by a stable renter base and ongoing interest in infill development. Figures for specific metrics like months of supply and sale-to-list ratios are based on current market reports for the Philadelphia area.
This ZIP is well-suited for young professionals and commuters who prioritize transit access and urban amenities. It also attracts long-term residents and investors looking for value in a dense, established neighborhood.
Median prices moved up 7.1% year over year.
Homes spend a median of 45 days on market with 3.8 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.3% · poverty 16.1% — a stable, low-distress profile.
Built from 1,175 recorded sales in the last 24 months against HUD 3-bedroom fair market rents. The location premium is the part of the price that rent, income, education, employment, vacancy, price trend, hazard, lending and flood risk don't explain. It usually reflects amenities, schools and scarcity. It's area context and does not change this ZIP's home value estimates.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 19148, Philadelphia County PA
The area experiences crime rates consistent with urban Philadelphia, with property crime being the primary concern. Regional comparisons indicate it remains a dense, working-class urban environment with typical metropolitan safety challenges.
Public schools in this ZIP are part of the School District of Philadelphia, which faces ongoing challenges with funding and performance metrics. Many families in the area supplement public education with local charter or private options.
The area is primarily an urban environment with low wildfire risk, though parts of South Philadelphia are subject to localized flood risks during extreme weather events. Property insurance costs are influenced by regional urban density and historical flood mapping.
Economic momentum is driven by proximity to the Philadelphia Sports Complex and the Navy Yard, which serves as a major employment hub. Infrastructure investment is focused on maintaining the dense urban grid and improving transit connectivity to Center City.
Property taxes are assessed by the City of Philadelphia, which utilizes a uniform tax rate applied to the assessed market value of properties. The city also levies a wage tax on residents and a business income and receipts tax on commercial entities.
Residents benefit from strong transit connectivity via SEPTA's Broad Street Line, providing direct access to Center City. Driving commutes are typical for an urban environment, with access to I-95 and I-76.
The area features proximity to FDR Park, a major regional green space, and the South Philadelphia Sports Complex. Shopping and dining are concentrated along the commercial corridors of Passyunk Avenue and Oregon Avenue.
The rental market is deep and competitive, driven by a mix of long-term residents and young professionals seeking proximity to Center City. Vacancy pressure remains low due to the high demand for urban housing.
The economy is anchored by the Philadelphia Navy Yard, the regional sports and entertainment industry, and a robust local retail and service sector. Proximity to Center City provides access to a broader financial and healthcare employment base.
The area is served by the SEPTA Broad Street Line and multiple bus routes, facilitating efficient transit to the city center. Major highway access is provided by I-95 and the Walt Whitman Bridge.
Development is focused on the continued revitalization of the Navy Yard and infill residential projects along major transit corridors. City planning emphasizes density and mixed-use integration.
The Philadelphia Office of Property Assessment (OPA) manages the assessment of all real property within the county, conducting periodic reassessments to align with market values.
Parcels are subject to the School District of Philadelphia and various city-wide utility and service districts. There are no MUDs or PIDs in the traditional sense as the area is fully incorporated.
Property insurance premiums are influenced by the urban density and the age of the housing stock. Flood insurance may be required for properties located in designated low-lying areas near the Delaware River.
Data retrieved from Census Reporter and ACS 2024 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Adventure Aquarium4.62.5 mi
- Diggerland USA4.413.8 mi
- Franklin Square4.63 mi
- The Funplex4.314.1 mi
- Thrillz High Flying Adventure Park4.515.9 mi
- Lincoln Financial Field4.61.2 mi
- Citizens Bank Park4.71 mi
- Xfinity Mobile Arena4.51.4 mi
- Philadelphia Museum of Art4.84.1 mi
- Pennsylvania Convention Center Philadelphia4.53.1 mi
- Philadelphia Museum of Art4.84.1 mi
- Adventure Aquarium4.62.5 mi
- Liberty Bell4.62.6 mi
- Philadelphia Zoo4.54.8 mi
- The Franklin Institute4.63.4 mi
- Philadelphia Museum of Art4.84.1 mi
- Liberty Bell4.62.6 mi
- Philadelphia Museum of Art Steps4.74 mi
- The Franklin Institute4.63.4 mi
- Independence Hall4.72.5 mi
- Philadelphia Zoo4.54.8 mi
- JFK Plaza (Love Park)4.53 mi
- Franklin Square4.63 mi
- FDR Park4.52 mi
- Morris Arboretum & Gardens of the University of Pennsylvania4.812.8 mi
- Cooper River Park4.64.8 mi
- Gillin Boathouse, Saint Joseph's University/St. Joseph's Preparatory School4.66.1 mi
- Penn's Landing Marina4.72.2 mi
- Gloucester City Marina4.51.5 mi
- Wiggins Park Marina4.42.3 mi
- Union League Liberty Hill4.712.6 mi
- Ramblewood Country Club4.311.3 mi
- RiverWinds Golf & Tennis Club4.35 mi
- Merion Golf Club4.710.6 mi
- Ron Jaworski's Valleybrook Country Club4.48 mi
- Reading Terminal Market4.72.9 mi
- Cherry Hill Mall4.46.8 mi
- Gloucester Premium Outlets4.510.2 mi
- Deptford Mall4.36.2 mi
- H Mart Philadelphia4.69.3 mi
- Philadelphia International Airport3.85.7 mi
- Trenton-Mercer Airport3.930.7 mi
- Wilmington Airport4.329.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A large regional park featuring lakes, trails, and sports fields.
Home to the Phillies, Eagles, and 76ers facilities.
A vibrant commercial corridor known for its diverse restaurant scene.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).